Not working with a real estate agent can be tempting. You might do some reading and decide that you know enough about it to just do it on your own. Plus, you won’t have to worry about losing money on a realtor’s commission if you do the work yourself. This seems like a good idea, but this isn’t something you want to handle alone.
Many people go wrong when they try to buy or sell a home without a real estate agent. There are plenty of things in life you know that you aren’t qualified to do, so you hire a professional. Selling a home should be one of these times.
Before you decide against working with real estate agents, read this first: Our friends at Halton real estate share these five benefits in mind.
1. Less stress for you
Moving is a stressful time for everyone. If you do this alone, you take on even more stress. While you could save a little bit of money, it really isn’t worth it.
One of the most obvious benefits of working with a real estate agent is that it means less work for you. Even if you have some experience already, it’s still a lot of extra work to take on in addition to everything else going on. You also might not have enough time to give it the attention it deserves.
Do yourself a favor, and just let an expert handle everything.
2. More knowledge about the area
As everyone knows, location is the most important thing when it comes to real estate. No one knows an area better than real estate agents. They know what other homes around your are worth and have information about other pricing factors, like schools and crime.
You might know exactly how much your home is worth in your specific area. A real estate agent, however, will know exactly what range your home should be priced in. This ensures that you’ll be getting the right amount from buyers without having to worry about lowering the costs.
3. They understand the industry
If you’ve ever sold a home in the past, you know that there’s a ton of paperwork that comes with it. No one enjoys paperwork, but someone has to do it. The paperwork involved in selling a home is also very complex.
If you don’t have any knowledge about real estate, doing this on your own can be difficult, and there’s the chance you could accidentally fill it out wrong. A real estate agent is used to doing this, so they can ensure that it will be done correctly.
4. Real estate agents are trained to negotiate
While trying to sell a home, there can be some negotiating involved. This is a skill set that many people don’t have. If you try to handle negotiations on your own, it can easily become overwhelming and could end up going wrong for you.
Real estate agents are among some of the few groups that are trained to excel at it.
5. They’ll have all the right connections to help
Selling a home is much more than just putting it on the market and waiting for people to show interested.
Most homes have preparations they need before they can be sold for a good cost. You could try to get this taken care of alone, but it can be hard to find the best service providers. However, since this is part of a real estate agent’s job, they already have a solid list of people who are good to work with. This can make it easier to get repairs done and make sure everything is up to code.